Friday, January 22, 2021

Jim Rogers: Silver, Agriculture, Energy are 3 asset classes I would invest in for next decade


Commodities Guru Jim Rogers Author, Street Smarts: Adventures on the Road and in the Markets believes that the only cheap asset class he sees are commodities. 

“We're in the midst of a regular correction in the Dollar. I expect there to be problems this year and next year and that will make US$ attractive. I am still long the US Dollar,” he says. Rogers is of the view that agriculture has been bad for a long time now. 

“I believe the Agri rally will continue and beaten down industries like transportation, tourism, entertainment will revive. Tech is not for me, it’s very expensive right now.” 

The excessive money printing, borrowing and spending are not good for the next generation according to Rogers. “Silver, agriculture, energy are the 3 classes where I would invest for the next decade.

- Source, ET NOW